RULE 11Ac1-6 REPORTS: ORDER EXECUTION AND ROUTING PRACTICES
On
November 17, 2000, the Securities and Exchange Commission ("SEC")
adopted two rules concerning disclosure of order-execution and routing practices.
The second of those rules, Rule 11Ac1-6, requires all broker-dealers that route
orders in equity and option securities to make available quarterly reports that
present a general overview of their routing practices. The reports must
identify the significant venues to which customer orders were routed for
execution during the applicable quarter and disclose the material aspects of
the broker-dealer's relationship with such venues. In addition, the Rule
requires broker-dealers to provide customers on request, a written copy of the
report of the venues to which the customer's individual orders were routed. The
SEC adopted the rules to increase the visibility of execution quality of the
U.S. securities markets for public investors.
Please click the link below to access the current
quarterly report. Written copies are available (1-800-879-7541, EXT 226). Brighton Securities
receives no payment for order flow.